Posted On: 02/08/2016 9:44:18 AM
Post# of 2290
$BRWC 20MA/50MA/200MA 4/5/7 Feb-05-2016 Bullish Harami
BRWC consistently trades in patterns. It is either a self fulfilling momentum driven by trader pereception or just the normal ebb and flow of this particular ticker. Either way, it is important to recognize the strong repeating patterns.
The 20MA is .0004, the 50MA is .0005, and the 200MA is .0007. If the resistances are broken through, the averages will turn into support. It's just basic pattern recognition.
http://bit.ly/1PK9tGy
BRWC consistently trades in patterns. It is either a self fulfilling momentum driven by trader pereception or just the normal ebb and flow of this particular ticker. Either way, it is important to recognize the strong repeating patterns.
The 20MA is .0004, the 50MA is .0005, and the 200MA is .0007. If the resistances are broken through, the averages will turn into support. It's just basic pattern recognition.
http://bit.ly/1PK9tGy
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